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Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing communities, recreational vehicle communities, and marinas. As of June 30 2024, the company owned interests in 666 such properties in the United States, Canada, and the UK consisting of approximately 181,760 developed sites and over 48,140 wet slips and dry storage spaces.
Roughly half of Sun Communities' (NYSE: SUI) business is about providing affordable housing. This is not your typical real estate investment trust (REIT). From a top-level view, 45% of Sun ...
Mr. McLaren has been with Sun for 22 years and was Chief Operating Officer for 14 years through mid-2022. During his time as COO, John oversaw the acquisition and integration of approximately 350 MH and RV communities and brought a performance driven approach with a focus on bottom-line operational results.
Sun Communities is the largest publicly traded owner and operator of manufactured housing communities (288 properties with 97,000 sites), RV communities (179 best-in-class locations with 59,000 ...
The share price of Sun Communities (NYSE: SUI) has fallen 40% from its 2022 highs. Sun Communities has slipped below $125 per share, a level at which the dividend yield would sit at a nice round 3%.
The camp-resort locations are independently owned and operated and each is franchised through Camp Jellystone, LLC, a wholly owned subsidiary of Sun Communities. The current President of Camp Jellystone is Robert (Rob) Schutter, Jr. [1]
Sun Communities: Manufactured Housing NYSE: SUI: UMH Properties: Manufactured Housing NYSE: UMH: Annaly Capital Management [1] Mortgage NYSE: NLY: Arlington Asset Investment: Mortgage NYSE: AI: Alexandria Real Estate Equities [1] Office NYSE: ARE: Boston Properties [1] Office NYSE: BXP: Brandywine Realty Trust: Office NYSE: BDN: Corporate ...
Understanding Sun Communities' business model. As of the end of the third quarter, Sun's portfolio consisted of 659 properties, including 288 manufactured housing properties, 179 RV properties ...